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Suburb Insights · VIC 3061

Campbellfield, VIC 3061 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Campbellfield is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 4,977, making it a boutique locality. Located approximately 17 km from the Melbourne CBD, Campbellfield is a middle ring area in Victoria. The median household income is $57,720 per year.

Investment Score

54 / 100 Moderate

Campbellfield's income profile suggests a value-oriented market with competitive purchase prices.

Location

Melbourne
Campbellfield
Victoria · 3061
17 km from Melbourne CBD
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Key Indicators

Postcode
3061

Official Australia Post postcode for Campbellfield. A postcode may cover multiple suburbs.

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Population
4,977

Usual resident population at the most recent census.

Median weekly rent
$320/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$57,720/yr

Annual median household income (before tax) across all households.

Distance to CBD
17 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$1,600/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
80% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Campbellfield

Who Campbellfield Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Victoria median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Mortgage costs are lower than the Victoria median, improving cash-flow margins.
  • Solid transport links into employment hubs.
  • Established infrastructure and existing community base.

Cons

  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Campbellfield is a smaller community of 4,977 — about 67% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Campbellfield's median household income of $57,720/year is 39% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Rent of $320/week (87% coverage of the $1,600/month median mortgage) leaves a gap of roughly $213/month that a typical investor bridges with negative gearing, depreciation and capital growth. 17 km from Melbourne places Campbellfield in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 29% of household income — a useful sanity check on tenant affordability.

Campbellfield vs Victoria Median

How Campbellfield stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Campbellfield sits above the state median; negative means below.

MetricCampbellfieldVIC medianΔ vs state
Population4,9777,416-33%
Median household income$57,720/yr$95,160/yr-39%
Median rent (weekly)$320$380-16%
Median mortgage (monthly)$1,600$1,950-18%
Distance to CBD17 km32 km-47%
Separate houses80%78%+2pp

Investor Checklist

Pre-inspection briefing for Campbellfield — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: household incomes 39% below the VIC median ($57,720 vs $95,160) means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Strong rental coverage: $320/week (~$1,387/month) covers 87% of the $1,600/month median mortgage repayment, so the shortfall sits at just $213/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 80% houses in a 4,977-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Campbellfield property

Full Property Analysis

30-year projections for Campbellfield

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Campbellfield are modest for 2026 — incomes 39% below the VIC median of $95,160 and a population of 4,977 suggest gains will lag headline metro markets. Rental coverage runs at ~87% of the typical mortgage ($1,387/month rent vs $1,600/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 54/100 places Campbellfield in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Campbellfield a good suburb for investment?

Campbellfield scores 54/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 4,977, median household income of $57,720/year and median weekly rent of $320. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Campbellfield?

The main demand drivers in Campbellfield are proximity to Melbourne (17 km), a median household income of $57,720/year, a dwelling mix that is 80% separate houses, roughly 1 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Campbellfield?

Campbellfield has a usual resident population of approximately 4,977, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Campbellfield from the Melbourne CBD?

Campbellfield sits 17 km straight-line from the Melbourne CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Campbellfield?

The most recent census recorded a median weekly rent of $320 in Campbellfield, equating to approximately $16,640/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Campbellfield?

The median monthly mortgage repayment in Campbellfield is $1,600, or approximately $19,200/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Campbellfield cash-flow positive for investors?

A median weekly rent of $320 works out to $1,387/month, covering 87% of the median mortgage repayment of $1,600/month. That leaves a $213/month shortfall (around $2,556/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Campbellfield?

The main risks are a thin buyer pool (4,977 residents), interest-rate sensitivity on the $1,600 median mortgage, below-median household incomes ($57,720 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Campbellfield profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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